Published: 2025-10-03T01:01:18.000Z
Chart EUR/JPY Update: Consolidating above 172.14/00 support
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Steadied at the 172.26 low as prices consolidate losses from the 175.05, Friday's current year high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 175.05 | ** | 26 Sep YTD high | S1 | 172.14 | * | 9 Sep low | |
| R3 | 174.50 | * | 19 Sep high | S2 | 171.00 | * | 14 Aug low, congestion | |
| R2 | 173.90 | ** | Jul high | S3 | 170.00 | ** | congestion | |
| R1 | 173.00 | * | Aug high, congestion | S4 | 169.00 | congestion |
Asterisk denotes strength of level
00:50 GMT - Steadied at the 172.26 low as prices unwind oversold intraday studies and consolidate losses from the 175.05 Friday's current year high. However, pressure remains on the downside and consolidation expected to give way to fresh selling pressure later. Nearby see support at the 172.14/00 area and break here will open up room for deeper pullback to retrace gains from the February low to the 171.00 level and trendline support. Meanwhile, resistance at the 173.00/173.90, August and July month highs, are expected to cap corrective bounce.